WAKAF TENGAH

Area Intelligence
2024
Median Price
RM 498,000
PSF: RM 77

Residential PSF Trends

Median Price

RM 498,000

PSF: RM 77

WAKAF TENGAH in Kuala Nerus, Terengganu recorded 5 subsale transactions in 2024, with a median price of RM 498K and a median price per square foot (PSF) of RM 77.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 498K, with most transactions falling within a stable range of RM 430K to RM 550K, and a typical market range of RM 468K to RM 528K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 77, with core pricing between RM 62 and RM 92. Market pricing typically extends from RM 63.38 to RM 90.63, reflecting moderate variation in unit pricing. The spread of RM 27.25 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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WAKAF TENGAH, Kuala Nerus, Terengganu

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Transactions

5 transactions grouped by size

5,200 sqft
Bungalow
RM 550,000
OFF JALAN BATU RAKIT-K TRG
5,199 sqft · RM 106 PSF
5,750 sqft
Bungalow
RM 450,000
OFF JALAN K TRG-BATU RAKIT
5,726 sqft · RM 79 PSF
5,950 sqft
Bungalow
RM 350,000
OFF JALAN K TRG-BATU RAKIT
5,963 sqft · RM 59 PSF
6,500 sqft
Bungalow
RM 498,000
OFF JALAN WAKAF TENGAH / BATU RA
6,480 sqft · RM 77 PSF
6,850 sqft
Bungalow
RM 500,000
OFF JALAN GONG BADAK/BATU RAKIT (P/L:
6,867 sqft · RM 73 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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